Long-term liabilities generally represent the most significant obligation for the corporation. Although this obligation does not impact a firm’s cur- rent liquidity, ultimately it becomes payable. Thus, there is significant concern with regard to the payment of ongoing interest and the ability to retire the obligation, either over time or when it becomes due as a single amount.
Long-term liabilities are obadidas yeezy boost 350 human hair wigs wigs sale adidas yeezy men bob wig nfl pittsburgh steelers custom jerseys custom nfl jersey custom football jerseys cheap jordan 4 wig outlet nike air jordan women wig sales nike air jordan 6 nfl jerseysligations arising from past events that are not payable in the coming year. Generally, there is a much greater degree of formality when an organization incurs long-term debt. Long-term capi- tal leases, mortgage obligations, pensions, and other retirement benefit obligations are examples of long-term liabilities. Most of these examples, require the recognition of both a short- and a long-term obligation.